Oracle 1Z0-1049-21 real exam prep : Oracle Compensation Cloud 2021 Implementation Essentials

  • Exam Code: 1Z0-1049-21
  • Exam Name: Oracle Compensation Cloud 2021 Implementation Essentials
  • Updated: May 30, 2026
  • Q&As: 180 Questions and Answers

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Oracle Compensation Cloud 2021 Implementation Essentials Sample Questions:

1. Per your client's policy on eligibility for a compensation revision cycle, employees who are in a notice period are not eligible. A particular manager is currently in a notice period, but his direct reports are still eligible for the compensation cycle. You observe that the system allows that manager to administer compensation for his direct reports.
You research this and find out that manager is still allowed to carry out the compensation allocation because his Eligibility Status is _________. (Choose the best answer.)

A) Limited
B) Ineligible
C) Provisional
D) Eligible
E) Restricted


2. Which four options are valid refresh options for the Refresh Data process? (Choose four.)

A) Refresh Plan Currency
B) Refresh Plan Access
C) Refresh summary totals
D) Reevaluate Eligibility
E) Refresh HR Data
F) Refresh Base and Eligible Salary
G) Refresh Manager Hierarchy


3. While configuring the Budget page, which five tabs are available in Page Layout? (Choose five.)

A) Actions
B) Summary
C) Budgeting
D) Information
E) Comments
F) Worker List
G) Detail table


4. Contingent workers are ineligible as per the eligibility rules defined for your organization's compensation plan. The compensation plan cycle is started. As is the standard practice, the compensation administrator schedules the "Refresh Workforce Compensation Data" nightly. A worker who was a contingent worker is now an employee of the organization and the next day shows up in Manager's worksheet. How is this possible? (Choose the best answer.)

A) Track Ineligible Workers is selected in the compensation plan.
B) Hide Ineligible Workers is selected in the compensation plan.
C) Show Ineligible Workers is selected in the compensation plan.
D) Process IneligibleWorkers is selected in the compensation plan.


5. Your client's organization is a multi-country organization with headquarters in the US, and managers have direct reports in different countries.
In which three ways canthe compensation currency be displayed? (Choose three.)

A) Only one currency can be displayed
B) The corporate currency
C) Preferred currency
D) Each employee's local currency


Solutions:

Question # 1
Answer: E
Question # 2
Answer: C,D,E,G
Question # 3
Answer: A,B,C,F,G
Question # 4
Answer: D
Question # 5
Answer: B,C,D

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